Companies To Watch: Hermès delivers strong growth as luxury sector slows

Hermès reported full-year 2025 revenue of €16 billion, beating expectations with resilient growth in leather goods and strong performance in the Americas and Japan. While net profit dipped slightly due to a one-off French surtax, underlying earnings and margins remained robust. Dan Koh and Audrey Siek break down the numbers, why Hermès continues to outperform peers, and what investors should watch in 2026.See omnystudio.com/listener for privacy information.